Apple’s iPhone production in India has surged significantly, with $14 billion worth of smartphones manufactured in FY24, doubling the previous fiscal’s output. This translates to one in seven iPhones globally being assembled in India. Over 70% of this production has been exported to Europe, the US, and Asia. Foxconn Hon Hai and Pegatron in Tamil Nadu, along with Wistron (now owned by Tata Group) in Karnataka, have been key contributors. These vendors, part of India’s smartphone production-linked incentive (PLI) scheme, have surpassed investment targets, exemplifying the success of India’s manufacturing push in the tech sector.
This post was last modified on 11 April 2024 7:10 am
In recent times, the much-talked about look of a star hero is of NTR's. Young…
Indian woman cricketer Smriti Mandhana has finally broke silence on ongoing rumours about her marriage…
In a landmark moment for Telugu digital cinema, AI Love Story (Telugu) 4K has crossed…
After the heartbreaking defeat in the finals of the 2023 World Cup was expected that…
Anil Ravipudi, who has delivered eight consecutive commercial successes, opened up about the process that…
At a massive gathering of Telugu NRIs in Dallas, Minister Nara Lokesh delivered an emotional…